Savills Hotels is delighted to present a rare opportunity to acquire a high-quality, income-producing portfolio of three institutional-grade hotel assets strategically located across Melbourne, Victoria: Novotel Melbourne South Wharf, ibis Melbourne Glen Waverley, and ibis budget Melbourne Airport.
Key Investment Highlights ibis budget Melbourne Airport:
- Ultra-Proximity to Airport: Just 400 metres* from Melbourne Airport terminals, offering unparalleled convenience for overnight and transit travellers.
- Essential Budget Segment Exposure: Captures high-yield demand from cost-conscious domestic and international travellers, airport staff and delayed flight passengers.
- Low Operating Cost Model: Limited-service format with lean staffing requirements and minimal F&B, driving efficient margins and attractive net operating income.
- Resilient and Recession-Proof Demand: Budget travel segment has proven to be highly resilient during economic downturns and post-pandemic recovery periods.
- High Land Value and Strategic Holding: Rare landholding within the airport precinct, supported by ongoing infrastructure investment and long-term land value appreciation.
- Strong Accor Brand Alignment: Part of the ibis budget network under Accor, one of the world's largest hotel operators, offering strong reservation system and operational oversight.
Key Investment Highlights Action Hotel Portfolio:
- Diverse Market Exposure: Portfolio spans three high-performing precincts - CBD, suburban, and airport - de-risking demand volatility.
- Institutional Lease Profile: Peppercorn leasehold (Novotel), freehold (Glen Waverley), and Crown lease (Airport) deliver structural diversity.
- Accor Hotels Covenant: Global hotel operator with proven performance and trusted brand platforms across all segments.
- Low Replacement Risk: Limited new supply and rising development costs support medium-term value preservation.
- Immediate Scale: Rare opportunity to secure 575 rooms in Australia's most resilient and investable hotel market.
The portfolio is being offered for sale via International Expressions of Interest closing Friday 8 August 2025 at 2pm AEST, with flexibility to acquire the assets individually, in any combination, or as a portfolio.
If you're interested in the other assets within the Action Hotel Portfolio, please view the additional listings via the links below:
- Novotel Melbourne South Wharf: https://www.commercial***/2020101578
- ibis Melbourne Glen Waverley: https://www.commercial***/2020101577
For further information on this exclusive offering, or to arrange an inspection, please do not hesitate to contact the exclusive sales agents.
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